4180 Georgia Highway 400 | Cumming, GA 30028
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- LoopNet Team
4180 Georgia Highway 400
Cumming, GA 30028
Progressive Lighting Long Term NNN Lease · Retail Property For Sale
Investment Highlights
- Long Term Absolute NNN Lease - Freestanding Showroom/Warehouse
- Below Market Rent and Below Replacement Cost
- Proven Location and Operator: 19 Year Tenant Occupancy with a 54 Year Operating History
- Annual 2% Increases in Rent starting March 2021
- Corporate Guaranty From Progressive Lighting
- Main Retail Corridor with Excellent Visibility on Hard Corner - Traffic Counts Exceed 32,000 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
28,792 SF
Building Class
C
Year Built
2000
Tenancy
Single
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.28
Lot Size
2.40 AC
Zoning
CBD
Parking
46 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 237-036 | Improvements Assessment | £309,746 |
| Land Assessment | £213,791 | Total Assessment | £523,538 |
PROPERTY TAXES
Parcel Number
237-036
Land Assessment
£213,791
Improvements Assessment
£309,746
Total Assessment
£523,538
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